Less than a week after Google launched a service that allows private individuals to transfer money by email, Square has launched a similar product in a private beta.
Square Follows Google With Pay-by-Email Service
Square
Mediabistro Webcast
Vine has added sound and motion to the popular microblogging website, Twitter. Learn how to bring your information to life in our Vine webcast on Wednesday, June 19 from 4-5 pm ET. In this one-hour webcast, Gemma Craven (left), EVP, New York group director at Social@Ogilvy will discuss best practices for using the visual social platform and share some of her team's successful vine videos. Register here.
"Vine: Create Quick Social Videos To Market Your Brand" Webcast
Vine has added sound and motion to the popular microblogging website, Twitter. Learn how to bring your information to life in our Vine webcast on Wednesday, June 19 from 4-5 pm ET. In this one-hour webcast, Gemma Craven (left), EVP, New York group director at Social@Ogilvy will discuss best practices for using the visual social platform and share some of her team's successful vine videos. Register here. Social Media Newsfeed: Google Music Streaming? | Pinterest Mentions
Google Reportedly to Launch Music Streaming at I/O Conference Today (SocialTimes)
Google will launch music streaming through YouTube and Google Play, according to reports in The Verge and the Wall Street Journal. The company, which has struggled to keep up with Apple in terms of media offerings, has reportedly signed licensing deals with Universal Music Group and Sony Music Entertainment, the reports said.
Uber Reportedly Valued at $1 Billion
Uber is in the midst of a fundraising round that values the company at $1 billion, according to Reuters’ report.
Venture Firms Delay IPO Payouts, Prefer to File in Secret: Report
Public stock offerings of companies originally funded by venture capital investments dipped by more than half in the first quarter of 2013, and many expect the companies to wait until the end of the year to go public, according to a study from the National Venture Capital Association and Thomson Reuters.
Square Hit With Cease-and-Desist Order and Massive Fine in Illinois
Square is facing a cease-and-desist order and a huge fine in the state of Illinois, according to a regulatory filing made in January and released today.
Infographic: Billion-Dollar Startups
Price tags for social media companies have skyrocketed since Facebook debuted in 2004. These startups were valued at a billion dollars or more.
Social Media Newsfeed: Twitter Valuation | Square Resignation
BlackRock Offers to Buy Twitter Stock (The Wall Street Journal)
Investment-management giant BlackRock has offered to buy around $80 million of Twitter stock in a transaction that would value the short-messaging service at more than $9 billion, according to people familiar with the deal. Some of the people said BlackRock’s offer is to purchase Twitter stock from some of the company’s early employees, and perhaps from others.
Square Exec Accused of Harassing a Male Employee Was Involved in Homophobic Incident
Today, Keith Rabois, who resigned as COO of Square yesterday, revealed that his resignation stemmed from a lawsuit alleging that he had sexually harassed a male employee at Square. But two decades ago, when Rabois was a law student at Stanford, he faced potential disciplinary charges for calling a lecturer a “faggot.”
Groupon Is a Local Business Engine, Says Embattled CEO Andrew Mason
In an on-stage interview in San Francisco in which he declined to address questions about whether he would stay on as Groupon CEO, co-founder Andrew Mason described his company as a local business engine that will build shareholder value over the long term.
Social Media Newsfeed: Facebook Hoax | FamilyLeaf
Man Fools More Than 500,000 Facebook Users Pretending to be Lottery Winner (AllFacebook)
Recently, a Facebook user named Nolan Daniels posted a photo of himself with a $587.5 million-winning Powerball ticket with the caption, “Looks like I won’t be going to work EVER!!!! Share this photo and I will give a random person 1 million dollars!” More than 500,000 people have shared the photo, but the ticket isn’t real.
